SBI shares rise nearly 2% after Q1 beat. Here's what Nomura, Morgan Stanley and other top brokerages expec
- Posted on August 10, 2026
- By Business News Today
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- 1 min read
In brief
State Bank of India demonstrates robust financial performance in Q1 FY27, with standalone net profit surging 10% year-over-year to Rs 21,121 crore, outpacing analyst expectations. The banking giant's net interest income climbed 15% to Rs 46,992 crore, while operating profit grew 10%. Improved net interest margins across domestic and consolidated portfolios signal strengthening core profitability, attracting investor confidence and driving share price appreciation.
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SBI shares rise nearly 2% after Q1 beat. Here's what Nomura, Morgan Stanley and other top brokerages expec
SBI shares gained 1.55% after the lender reported a 10% YoY rise in Q1 FY27 standalone net profit to Rs 21,121 crore, beating Street estimates. Net interest income rose 15% to Rs 46,992 crore, while operating profit increased 10%. Domestic NIM improved to 3%, while whole-bank NIM rose 5 bps sequentially to 2.86%.
